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co-payment |
Also found in: Financial, Wikipedia | 0.03 sec. |
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co-payment Managed Care That portion of a claim or medical expense that a health plan member must pay out-of-pocket for specific medical services–eg, hospital care, drugs, office visits, etc; the insurer pays the remaining portion How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Before January 2006 and the implementation of Medicare Part D, dual-eligible assisted living residents (those who receive Medicaid and Medicare benefits) were exempted from remitting co-payments for their prescription drugs. Within three weeks, 35 states had decided to pay for drugs or inappropriately high co-payments for low-income people who were having trouble getting the drugs they needed through Medicare as the program was launched. Kaiser Permanente, the largest provider of such products in the state, said Los Angeles County Senior Advantage members will see co-payments for doctor visits drop to $10 from $20, while monthly Medicare Part B payments will shed $15. |
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